Do you need to send money online  for a purchase or perhaps to a friend or relative abroad? For the sake of convenience most banks now offer international money transfer via their online banking systems, but could this be costing you more than it should? With banks’ rates often much higher than other money transfer companies, this could in fact be costing you hundreds if not thousands more especially if you are planning to send money abroad to pay for a property, for example. Using one of these alternative money transfer companies is just as simple as logging in to your online banking system; the only and biggest difference being that you will be making a saving.